Prysm completes acquisition of Kaybus

NEW DELHI: Prysm has announced it has completed the acquisition of Kaybus, Inc., a leader in secure, cloud-based Knowledge Automation software for enterprises, securing additional enterprise-grade enhancements for Prysm Application Suite.

Integration of the Kaybus development team and technology into Prysm Application Suite is already underway.

The Kaybus acquisition accelerates Prysm’s ability to bring innovative capabilities to market, and new functionality from this acquisition is expected to begin to appear in Prysm Application Suite starting in Q3 of 2017. “We are very pleased to announce that both the Kaybus technology and the entire Kaybus team are now joining the Prysm family,” said Amit Jain, CEO of Prysm. “The enterprise-grade quality that our customers have come to expect from us will be further enhanced by this acquisition, and we are working quickly to incorporate the many advantages that Kaybus brings to Prysm Application Suite.”

“This is a strategic technology acquisition for Prysm,” explained Ira M. Weinstein, senior analyst and partner at Wainhouse Research.

“The Prysm environment excels at helping users create and collaborate across various types of content, and integrating the Kaybus technology into its portfolio will make that content searchable, more easily accessible, and more valuable to Prysm customers," added Weinstein.

All Kaybus employees, based primarily in California and India, are now Prysm employees